Southern lottery is one of the popular forms of entertainment in Vietnam, attracting a large number of participants. Every day, millions of lottery tickets are issued and are expected to bring players a chance to win. In this article, new88.com We will help you learn more about the Southern lottery, from its history, how it works, to its prize structures.
Southern Lottery was born in the context of great changes in Vietnamese society. Since the early days, lotteries have become an indispensable part of the people’s cultural life, creating a unique character for this land.
Where to start?
The Southern Lottery was first organized in 1967. At that time, the main purpose of organizing the lottery was to raise capital for social welfare programs. The first lottery tickets were issued with very low value, but quickly attracted people’s attention.
The original lottery model was mainly based on traditional lottery methods. Through each period, the Southern lottery has gradually developed, innovated and improved, from technology to management methods. The application of information technology in managing and updating lottery results has helped players easily access and track results.
Stages of development
During the development process, the Southern lottery went through many different stages. Since the 90s, when Vietnam opened its economy, the lottery industry began to attract a large number of players. Many lottery companies were established, creating competition and richness for the market.
The application of new technologies, such as automatic lottery machines and online management systems, has helped improve accuracy and transparency in lottery organization. Players can track lottery results anytime, anywhere, thanks to the support of the internet and mobile applications.
How the Southern lottery works
Understanding how the Southern lottery works will help players have an overview and better prepare for participation.
Lottery ticket issuance process
Southern lottery tickets are released daily by lottery companies. Each lottery ticket is worth 10,000 VND, printed with a unique code. Players can buy tickets anywhere, from ticket agents to newsstands.
Before each drawing period, lottery tickets will be distributed to consumers through retail channels. Lottery companies often have promotions or discounts to attract players.
Southern lottery drawing takes place at 4:15 p.m. every day. The prize drawing process is carried out publicly and transparently, to ensure the rights of all players. Lottery results are announced from eighth prize to first prize, and finally the special prize.
Players can follow the results through many different media, from television to the internet. This helps them grasp information quickly and accurately.
How the Southern lottery works
Prize structure
The prize structure of the Southern lottery is very diverse, with many different prize levels. The special prize is worth up to 2 billion VND, while small prizes also have attractive rewards. This makes lottery a game that is not only entertaining but also brings life-changing opportunities to players.
Players can win many different prizes, from small to large, depending on the numbers they choose. If the winning lottery ticket is worth 10 million VND or more, the recipient will have to pay the corresponding personal income tax.
Things to keep in mind when playing Southern lottery
When participating in the Southern lottery, players also need to pay attention to some important things to protect their rights.
Check the validity of lottery tickets
Winning lottery tickets must be intact, not erased, patched or torn. If the ticket is damaged, the player may lose the opportunity to receive a prize. Therefore, always check carefully before deciding to buy.
Besides, you also need to pay attention to the deadline for receiving rewards. If you win, you only have about 30 days to receive your prize. After this time, lottery tickets will no longer be valid and players will not receive prizes.
Understand personal income tax regulations
If winning a prize worth 10 million VND or more, the player will have to pay personal income tax corresponding to 10% of the prize value. This should be considered when you decide to play the lottery, especially when dreaming of large sums of money.
Always be mentally prepared to pay taxes when you win a big prize. This helps you avoid shock and have a more suitable financial plan.
Know when to stop
Lottery is an entertaining game, but it should not affect your daily life. Remember, the lottery is a game of chance and there is no guarantee that you will win.
Players need to know when to stop and not put too much hope in the lottery. Play for fun, enjoy relaxing moments, and don’t let it become a financial burden.
Conclude
Southern lottery is not only a simple entertainment game but also carries many profound cultural and social meanings. Hopefully through this article, you have had a comprehensive view of the Southern lottery, from history, how it works, to tips on how to play effectively. Please participate in the lottery with a relaxed and optimistic spirit. Good luck!
